♣ ♣ Safein ICO Review ♣ ♣

Safein has determined that a vast majority of users prefer single sign-on services, with Facebook and Google currently leading the pack. Safein intends to extend upon the concepts provided by these and other identity providers and incorporate verified identity, address and other personal information. The estimated potential market available for Safein is quite large, as it encompasses nearly 90% of all internet users.

Safein is a single-on platfrom and onlne payment wallet, an account on safefire platform that can be used on various websites to shop online, this provides convenience to us without having to register again on other web. safein is a revolution in how to pay, register and access our own identity authentication.

-- Safein official youtube vide --

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Whitepaper

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Safein — How It Will Work

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Apparently least 22% of current online shoppers simply choose to abandon their carts if completing the purchase required the creation of a new user account.

it has been estimated that it costs businesses $20 to onboard each new customer, with a total annual bill for identity assurance exceeding €3.5 billion in the UK alone.

And then there is all the time and inconvenience of having to remember and store passwords. Indeed, 30–40% of support centre call volume is related to just password and account recovery.

All of these problems are crying out for a simple solution that saves people time and businesses money and that is exactly what Safein are offering.

Receive a pair of signing and verification keys

Add your personal information and documents as per normal KYC (e.g. passport, national ID card and driving licence)

Complete a video task and some other simple checks

Once verified, your information is encrypted

You can then back up the information (e.g. on USB stick)

Each time you are required to submit your identity or KYC information on a new website, you can simply release the relevant portion of your details to the organisation via the Safe Network.

✿ ✿ ✿ ICO Ratings ✿ ✿ ✿

The ICO has been reviewed by ICO rating sites and received good scores, including:

ICO Bench: 4.6/5
ICO Bazaar: AA
Track ICO: 4.1/5
✎ ✎✎ ✎ Rated By ✎ ✎ ✎ ✎

⁂ ⁂ ⁂ ⁂ ICO Details ⁂ ⁂ ⁂ ⁂

The token sale is due to commence on 31st May. Here are the main details about the token sale:

· Token: Safein Token (SFN)

· Maximum number of tokens: 1 billion

· Tokens available during ICO (hard cap): 300 million (i.e. 30%)

· Token price: 1 SFN= $0.07

· Soft Cap: $3m

· Hard Cap: $21m

· Sale starts: 31st May

· Sale ends: TBC

The allocation of funds will be as follows:-

· Token sale: 30%

· Founders & Advisors: 10%

· Company reserve: 60%

So those are the main details of the ICO. The SFN token will be required by organisations wishing to use Safein’s KYC services for each customer added.

☻ ☻ ☻ Use of proceeds ☻ ☻ ☻

♛ ♛ ♛ Safein Team ♛ ♛ ♛

Vladas Jurkevičius
Co-Founder, CEO

Audrius Slažinskas
Co-Founder, Head of Legal